Mission Newenergy Ltd. (fka MNELF)

[ClarkKant]

Financials of $3.8M Net Profit Filed/Reported

http://www.missionnewenergy.com/files/1077404.pdf

half yearly revenue of $20,3 million (31 December 2010: $5.7 million) and net profit after tax of $3.8 million (31 December 2010: Loss of $14.0 million) for the six months ended on 31 December 2011. The increase in revenue and profit between the reporting periods is primarily as a result of a gain (non cash) on settlement of the series one convertible notes during the most recent reporting period.